hermmain properties limited
hermmain properties limited Company Information
Company Number
03562677
Website
-Registered Address
12 helmet row, london, EC1V 3QJ
Industry
Buying and selling of own real estate
Telephone
-
Next Accounts Due
February 2025
Group Structure
View All
Shareholders
narinder hare 12.5%
jasmin hare 12.5%
View Allhermmain properties limited Estimated Valuation
Pomanda estimates the enterprise value of HERMMAIN PROPERTIES LIMITED at £233.4k based on a Turnover of £99.3k and 2.35x industry multiple (adjusted for size and gross margin).
hermmain properties limited Estimated Valuation
Pomanda estimates the enterprise value of HERMMAIN PROPERTIES LIMITED at £0 based on an EBITDA of £-201.2k and a 5.78x industry multiple (adjusted for size and gross margin).
hermmain properties limited Estimated Valuation
Pomanda estimates the enterprise value of HERMMAIN PROPERTIES LIMITED at £2.1m based on Net Assets of £1.7m and 1.23x industry multiple (adjusted for liquidity).
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Hermmain Properties Limited Overview
Hermmain Properties Limited is a live company located in london, EC1V 3QJ with a Companies House number of 03562677. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in May 1998, it's largest shareholder is narinder hare with a 12.5% stake. Hermmain Properties Limited is a mature, micro sized company, Pomanda has estimated its turnover at £99.3k with high growth in recent years.
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Hermmain Properties Limited Health Check
Pomanda's financial health check has awarded Hermmain Properties Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £99.3k, make it smaller than the average company (£886.5k)
- Hermmain Properties Limited
£886.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 30%, show it is growing at a faster rate (2.1%)
- Hermmain Properties Limited
2.1% - Industry AVG
Production
with a gross margin of 69.3%, this company has a comparable cost of product (69.3%)
- Hermmain Properties Limited
69.3% - Industry AVG
Profitability
an operating margin of -202.6% make it less profitable than the average company (30.5%)
- Hermmain Properties Limited
30.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Hermmain Properties Limited
4 - Industry AVG
Pay Structure
on an average salary of £36.9k, the company has an equivalent pay structure (£36.9k)
- Hermmain Properties Limited
£36.9k - Industry AVG
Efficiency
resulting in sales per employee of £99.3k, this is less efficient (£193.1k)
- Hermmain Properties Limited
£193.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Hermmain Properties Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Hermmain Properties Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 4097 days, this is more than average (386 days)
- Hermmain Properties Limited
386 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3701 weeks, this is more cash available to meet short term requirements (8 weeks)
3701 weeks - Hermmain Properties Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.5%, this is a lower level of debt than the average (64.1%)
0.5% - Hermmain Properties Limited
64.1% - Industry AVG
HERMMAIN PROPERTIES LIMITED financials
Hermmain Properties Limited's latest turnover from May 2023 is estimated at £99.3 thousand and the company has net assets of £1.7 million. According to their latest financial statements, we estimate that Hermmain Properties Limited has 1 employee and maintains cash reserves of £651.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 1 | |||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 413,163 | 354,033 | 354,033 | 354,033 | 809,311 | 3,094,077 | 3,082,881 | 3,081,979 | 3,028,930 | 3,500,100 | 3,505,514 | 3,510,928 | 3,516,342 | 3,489,948 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 151 | 102 | 103 | 103 | 103 | 103 | 103 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 413,163 | 354,033 | 354,033 | 354,033 | 809,311 | 3,094,077 | 3,082,882 | 3,082,130 | 3,029,032 | 3,500,203 | 3,505,617 | 3,511,031 | 3,516,445 | 3,490,051 |
| Stock & work in progress | 342,461 | 342,461 | 342,461 | 258,195 | 258,195 | 258,195 | 258,195 | 258,195 | 258,195 | 258,195 | 258,195 | 258,195 | 258,195 | 258,195 |
| Trade Debtors | 0 | 0 | 0 | 0 | 16,959 | 0 | 0 | 898,192 | 1,200 | 1,913,942 | 720,942 | 825,942 | 1,471,139 | 1,396,734 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 342,285 | 474,560 | 175,710 | 16,557 | 16,327 | 4,430 | 0 | 4,639 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 651,343 | 774,493 | 1,145,030 | 1,467,171 | 1,411,414 | 401,857 | 85,415 | 463,132 | 14,739 | 10,905 | 167,097 | 253,396 | 6,038 | 45,483 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,336,089 | 1,591,514 | 1,663,201 | 1,741,923 | 3,721,236 | 664,482 | 343,610 | 1,624,158 | 274,134 | 2,183,042 | 1,146,234 | 1,337,533 | 1,735,372 | 1,700,412 |
| total assets | 1,749,252 | 1,945,547 | 2,017,234 | 2,095,956 | 4,530,547 | 3,758,559 | 3,426,492 | 4,706,288 | 3,303,166 | 5,683,245 | 4,651,851 | 4,848,564 | 5,251,817 | 5,190,463 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 42,726 | 57,503 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 58,774 | 58,774 | 20,686 | 30,659 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 24,260 | 53,391 | 933,478 | 1,134,295 | 1,032,158 | 993,883 | 1,068,820 | 704,537 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 702,685 | 439,637 | 97,785 | 1,319,160 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 9,150 | 36,350 | 27,550 | 32,266 | 111,217 | 19,959 | 52,024 | 127,131 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 9,150 | 36,350 | 86,324 | 91,040 | 834,588 | 490,255 | 216,795 | 1,557,185 | 933,478 | 1,134,295 | 1,032,158 | 993,883 | 1,068,820 | 704,537 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 1,100,000 | 1,215,000 | 1,215,000 | 1,215,000 | 1,218,903 | 3,152,735 | 2,373,017 | 2,774,007 | 3,195,591 | 3,615,529 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 1,100,000 | 1,215,000 | 1,215,000 | 1,215,000 | 1,218,903 | 3,152,735 | 2,373,017 | 2,774,007 | 3,195,591 | 3,615,529 |
| total liabilities | 9,150 | 36,350 | 86,324 | 91,040 | 1,934,588 | 1,705,255 | 1,431,795 | 2,772,185 | 2,152,381 | 4,287,030 | 3,405,175 | 3,767,890 | 4,264,411 | 4,320,066 |
| net assets | 1,740,102 | 1,909,197 | 1,930,910 | 2,004,916 | 2,595,959 | 2,053,304 | 1,994,697 | 1,934,103 | 1,150,785 | 1,396,215 | 1,246,676 | 1,080,674 | 987,406 | 870,397 |
| total shareholders funds | 1,740,102 | 1,909,197 | 1,930,910 | 2,004,916 | 2,595,959 | 2,053,304 | 1,994,697 | 1,934,103 | 1,150,785 | 1,396,215 | 1,246,676 | 1,080,674 | 987,406 | 870,397 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 0 | 0 | 9,766 | 12,371 | 4,857 | 7,504 | 5,415 | 5,414 | 5,414 | 5,414 | 677 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||||||
| Stock | 0 | 0 | 84,266 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 258,195 |
| Debtors | -132,275 | 298,850 | 159,153 | -16,729 | 28,856 | 4,430 | -902,831 | 901,631 | -1,912,742 | 1,193,000 | -105,000 | -645,197 | 74,405 | 1,396,734 |
| Creditors | 0 | 0 | 0 | 0 | 0 | -24,260 | -29,131 | -880,087 | -200,817 | 102,137 | 38,275 | -74,937 | 364,283 | 704,537 |
| Accruals and Deferred Income | -27,200 | 8,800 | -4,716 | -78,951 | 91,258 | -32,065 | -75,107 | 127,131 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | -1 | -150 | 49 | -1 | 0 | 0 | 0 | 0 | 103 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | -58,774 | 0 | 38,088 | -9,973 | 30,659 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | -702,685 | 263,048 | 341,852 | -1,221,375 | 1,319,160 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -1,100,000 | -115,000 | 0 | 0 | -3,903 | -1,933,832 | 779,718 | -400,990 | -421,584 | -419,938 | 3,615,529 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -123,150 | -370,537 | -322,141 | 55,757 | 1,009,557 | 316,442 | -377,717 | 448,393 | 3,834 | -156,192 | -86,299 | 247,358 | -39,445 | 45,483 |
| overdraft | 0 | 0 | 0 | 0 | 0 | -42,726 | -14,777 | 57,503 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -123,150 | -370,537 | -322,141 | 55,757 | 1,009,557 | 359,168 | -362,940 | 390,890 | 3,834 | -156,192 | -86,299 | 247,358 | -39,445 | 45,483 |
hermmain properties limited Credit Report and Business Information
Hermmain Properties Limited Competitor Analysis
Perform a competitor analysis for hermmain properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in EC1V area or any other competitors across 12 key performance metrics.
hermmain properties limited Ownership
HERMMAIN PROPERTIES LIMITED group structure
Hermmain Properties Limited has no subsidiary companies.
Ultimate parent company
HERMMAIN PROPERTIES LIMITED
03562677
hermmain properties limited directors
Hermmain Properties Limited currently has 2 directors. The longest serving directors include Jasdip Hare (Jul 2006) and Mr Jasdip Hare (Dec 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Jasdip Hare | 47 years | Jul 2006 | - | Director | |
| Mr Jasdip Hare | 47 years | Dec 2010 | - | Director |
P&L
May 2023turnover
99.3k
+11%
operating profit
-201.2k
0%
gross margin
69.3%
+3.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
1.7m
-0.09%
total assets
1.7m
-0.1%
cash
651.3k
-0.16%
net assets
Total assets minus all liabilities
Similar Companies
hermmain properties limited company details
company number
03562677
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
May 1998
age
26
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
May 2023
address
12 helmet row, london, EC1V 3QJ
accountant
LEIGH CARR
auditor
-
hermmain properties limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 11 charges/mortgages relating to hermmain properties limited. Currently there are 2 open charges and 9 have been satisfied in the past.
hermmain properties limited Companies House Filings - See Documents
| date | description | view/download |
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